MainStreet Bancshares (MNSB) Set to Announce Quarterly Earnings on Monday

MainStreet Bancshares (NASDAQ:MNSB) is set to announce its earnings results before the market opens on Monday, October 28th. Analysts expect the company to announce earnings of $0.36 per share for the quarter.

MainStreet Bancshares (NASDAQ:MNSB) last announced its quarterly earnings data on Monday, July 29th. The company reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05). MainStreet Bancshares had a net margin of 12.99% and a return on equity of 9.00%. The firm had revenue of $16.16 million during the quarter, compared to analysts’ expectations of $16.46 million. On average, analysts expect MainStreet Bancshares to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

MainStreet Bancshares Price Performance

MainStreet Bancshares stock opened at $18.81 on Monday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.37. The stock has a market cap of $143.16 million, a P/E ratio of 7.26 and a beta of 0.56. The company has a 50-day moving average price of $17.52 and a 200 day moving average price of $17.14. MainStreet Bancshares has a 12-month low of $14.97 and a 12-month high of $25.97.

MainStreet Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 16th. Stockholders of record on Friday, August 9th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, August 9th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.13%. MainStreet Bancshares’s dividend payout ratio is currently 15.44%.

About MainStreet Bancshares

MainStreet Bancshares, Inc operates as the bank holding company for MainStreet Bank that provides various banking products and services for individuals, small to medium-sized businesses, and professional service organizations. The company offers demand, NOW, money market, savings, and sweep accounts, as well as certificates of deposit; business and consumer checking, interest-bearing checking, business account analysis, and other depository services; and cash management, wire transfer, check imaging, bill pay, remote deposit capture, and courier services.